Yonhap News Agency | April 11, 2011 | Lee Youkyung
SEOUL, April 11 (Yonhap) — Kakao Corp., the developer of the fastest growing mobile messenger service in South Korea, said Monday that it plans to set up subsidiaries in the United States and Japan this year in an effort to take on Facebook Inc. and Twitter Inc.
“We will establish wholly owned subsidiaries in the U.S. and Japan and advance into the global market,” Kim Beom-soo, co-founder and chairman, told reporters. “It may seem like a David vs. Goliath battle, but our competitors are Facebook and Twitter.”
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Kakao Talk aims to take on Facebook, Twitter
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